A3762

Establishes "New Jersey Private Contractor Registration Act" requiring contractors to register and pay fees.

The "New Jersey Private Contractor Registration Act" mandates that private contractors and subcontractors must register with the Department of Labor and Workforce Development to engage in private construction work. Contractors must submit information including business details, financial interests, tax IDs, and certifications of compliance with labor laws. The act imposes penalties for noncompliance and allows for the suspension of registration. Contractors pay an initial $250 fee and $100 for subsequent two-year registrations. Public works contractors are exempt.